Reverse splits are authorized by the Board of Directors. They cost mony, you need a good reason to do it. right now I know of no good reason.
As an officer, board member and major shareholder I'm bound by rule 144 (I think) that makes it very difficult to sell shares, that being said, I don't know.
The people that are elgible to receive I-6 shares is determined by the SEC rules and the management agreement, and until I finish up the last things with the reverse merger and sit down with our SEC attorney, I will not know the answer. I think I know, but I want it in black and white before I say anything. Sorry
The management agreement defines them as 1:1. If we did a reverse split, that would be the time to do it. It is too far in the future to speculate.
Outstanding shares will be the ~57 million, and the authorized should remain the same, but subject to our SEC attorney telling me something different. But recognize, we are trying to do some business with other corporations and things can change.
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